What is the current share price

Assignment Help Finance Basics
Reference no: EM13260882

Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 6.7 percent thereafter.

Required:

If the required return is 14 percent and the company just paid a $3.10 dividend, what is the current share price?

 

Reference no: EM13260882

Questions Cloud

Explain the buffer components required to make the buffer : For the best system, calculate the ratio of the masses of the buffer components required to make the buffer
Find the gain kp necessary to meet requirements : A proportional control system is to be used to control the wing flaps of a jet air-plane. The wind load is expected to cause as much as 600 in .lb of torque. The system should be able to keep the flaps to within 5 of the set point.
Find the resale value of the equipment : Find the resale value of the equipment after six years just to break even.
The carbohydrate molecule : The carbohydrate molecule 3-keto-d-glucose can exist in several cyclic forms. Draw the fischer projection of 3-keto-d-glucose, and then draw haworth projections of the possible cyclic forms, including the different possible anomers.
What is the current share price : Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 6.7 percent thereafter.
What is the torque when the antenna gets to within 5-degree : A proportional controller for a rotating antenna has a gain Kp of 5 in .oz/deg. The antenna was initially pointing due south but was then commanded to point southeast. a. Find the initial torque supplied to the antenna.
Principles of green engineering : Choose three of the principles of green engineering (Box 7.1). For each one, (a) explain the principle in your own words; (b) find an example (commercially available or under development), and explain how it demonstrates the principle;
Purpose of environmental scanning : What is the purpose of environmental scanning? Give an example. How should Ford Motor Company market differently to Generation Y, Generation X, and baby boomers?
Assume a small downtown area : Assume a small downtown area has two 12 ft. travel lanes with 6 ft. sidewalks on each side. This is all surrounded by buildings that are 25 ft. tall. What is the maximum urban heat island impact that can be expected?

Reviews

Write a Review

Finance Basics Questions & Answers

  Converting foreign currencies

Converting currency - American business pays $10,000, $15000, and $20,000 to suppliers in Japan, Switzerland and Canada. How much in local currency do the suppliers receive?

  Should they borrow the money to pay its accounts payable

The company has a cash flow pronblem. They owe their suppliers $100,000 on credit terms of 2/10 net 40, nut don't have the cash to pay during the discount period.

  Why has hmc been so successful

compares the finances of Honda Motors (HMC) to the finances of General Motors (GM). Why has HMC been so successful, and why has GM been lagging ?

  Calculate company net operating cash flow

Rattner Robotics had five million in operating expenses. The company had net depreciation expenses of 1 million and interest expenses of one million, its corporate tax rate was 40 percent.

  Estimate the affordable mortgage price

Kim and Dan Bergholt are government workers. They are planniing buying a home in the Washington D.C. area for about $280,000.

  Explain effective annual rate

Explain Effective annual rate and Steaks Galore needs to arrange financing for its expansion program

  Achieve 95 percent of the time from holding common stocks.

Assume the arithmetic mean returns in these series are normally distributed. Calculate the range of return that an investor would have expected to achieve 95 percent of the time from holding common stocks.

  Computation of value of the bond at various options

Computation of value of the bond at various options and Suppose your company is selling a bond that will pay you $1000 in one year from today

  Calculate the accounting break-even point

Calculate the base-case cash flow and NPV. What is the sensitivity of NPV to changes in the sales figure? Explain what your answer tells you about a 500-unit decrease in projected sales.

  Calculate dividend declared amounts

If the firm's preferred stock is NON CUMULATIVE and the 20X8 dividend declared amounts to a total of $20,000, how much will go to PREFERRED stock holders?

  What is the present value of cash flow stream

What is the present (Year 0) value of cash flow stream if the opportunity cost rate is 10 percent?

  Evaluation of company from the metrics

Suppose You are working at BM Corporation has paid off in many thousand of dollars of profit sharing to you this year. You know it is best to diversity your investment and not put it all back into your company through stocks.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd